Banking Union: Aspects of the Single Supervisory Mechanism and the Single Resolution Mechanism Compared

Banking Union: Aspects of the Single Supervisory Mechanism and the Single Resolution Mechanism Compared

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Banking Union: Aspects of the Single Supervisory Mechanism and the Single Resolution Mechanism Compared

The Banking Union is based on different components, partly on directives applicable throughout the EU, partly on two regulations applicable only in the euro states introducing the Single Supervisory Mechanism and the Single Resolution Mechanism.

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